The Pakistani rupee resumed its slide against the US dollar on Thursday, hitting an all-time low in the interbank market, surpassing 191.

The local currency finished at Rs191.77 against the greenback in the interbank market, down Rs1.7 (or 0.91 percent) from Wednesday’s record low of Rs188.66.

The local currency has continued to fall, confirming analysts’ projections that the country will suffer further losses in the future due to political and economic uncertainty.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

ملکی تاریخ میں پہلی مرتبہ امریکا کو پاکستانی برآمدات کا حجم 5 ارب ڈالر سے زائد ہو گیا

اسلام آباد : حکومت کی مثبت معاشی پالیسی سے امریکا کو پاکستانی…

Israel strikes Iranian nuclear and military sites

Iranian media reported strikes on Tehran on Friday morning after Israel launched…

Israel tells Gaza mediators it plans to create security zone

Israel has informed Egyptian and Qatari mediators that it intends to create…

PTI chairman meets wife, sisters in Adiala Jail

Incarcerated former prime minister and PTI chairman Imran Khan on Tuesday met…